> > Well, GoldMoney only charges ~US$8.70 (1 AUG) for the same spend that
> > e-gold charges 50 cents for.
>
> No, that's not correct. GoldMoney charges 1/10th of 1 percent, up to a
> maximum of 1 gram. The break-even point is $500, so for amounts greater than
> $500, e-gold has a better rate. For amounts less than $500, GoldMoney has a
> better rate.
>
> SnowDog
How is my math incorrect? Nobody specified an exact amount spent. The
assumed amount is the Bamdex margin of 5 AUG. However, 5 AUG is currently
worth $43 ($8.60/AUG as of this writing). The spend fee on the margin is
currently 43 cents. JP was bemoaning a 50 cent spend fee. In other words,
some larger unspecified amount was being discussed. $8700 is larger than
$43. So my original statement is not incorrect. A spend that GoldMoney
charges ~$8.60 (1 AUG) for, e-gold will charge 50 cents for.
Viking Coder
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